priceaction Ideas

Bitcoin Laid out my plan in my weekly post, so check that out if anything is unclear here. Market is forming another bear wedge which could break above again for another pullback. I expect the pullback to be weaker than the one to 67000 and it could stay below 65000 if this is uber bearish. If bulls are tough, we could see 66000/66300 again. In any case, I expect this to continue downwards to at least 61000 in the near term. Decent chance we wont see 70000 for couple of years. Current Market Cycle Trading Range / on shorter tf it’s a weak...

comment: Interesting day. I did almost no updates on the posted chart. The pink breakout line was king again and I shorted it a second time for another 3000 points. I don’t care if the triangle is broken to the upside, when the market turns around again, it was a trap and the pattern lives on in my world. This market is not behaving as bullish as almost everyone on twitter tells you. Today nasdaq had an almost 2% day while Bitcoin stayed below 70000. current market cycle: trading range key levels: small range 66600 - 70000 / big range 56000 -...